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Property profile

0 Stuart St Lafayette, CA 94549

OFF-MARKET
Land
0.39 ac lot
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Property summary

AI-generated overview

This exceptional 0.39-acre land parcel in Lafayette, California, presents a unique opportunity for residential development. Fully entitled for the construction of twelve townhomes, this property boasts a prime location on Stuart Street, within close proximity to downtown Lafayette's vibrant shops, restaurants, and cultural attractions. The site offers convenient access to the city's picturesque beauty, excellent schools, and thriving community, including nearby hiking trails, parks, and the Lafayette Reservoir. The existing entitlement streamlines the development process, minimizing delays and maximizing efficiency. This is an ideal investment for developers seeking to capitalize on the high demand for housing in Lafayette, where average townhomes sell for over $800 per square foot and average household incomes exceed $180,000 (buyer to verify). The property's desirable location and the pre-approved plans for twelve townhomes create a compelling opportunity to build a high-value residential community. The 94549 zip code further underscores the desirability of this location within Contra Costa County. This is a rare chance to create a successful residential development in a highly sought-after area of California. The property's great views add to its overall appeal and market value.

Property profile

Verified
Property type Land
Lot 0.39 ac (16,988 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

Stuart St Lafayette, CA 94549
Lafayette metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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